Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FFB Logo
Get a free
$10,000 
demo account
Open Account
Your Capital is at Risk

Trader.Online Broker Review

  1. Trader.Online is a broker that only appeared on the market in the early 2018. It is an unregulated forex and CFD broker that claims to have near 20,000 traders already. This is a fact we found is impossible to check, so we don’t recommend relying on it as a sole argument to trade with this broker. Trader.Online review is a much better way to figure out whether or not this broker is for you. We offer you an insight into the world of trading with this broker and all features it offers, including the software, customer support and banking methods.

    We hope that our Trader.Online review will help you make up your mind.

  2. Trader.Online is not offering any special account packages. We found this to be very surprising, as most new brokers use different account types to convince customers they have custom made trading solutions ready for them. Also, that way, traders can easily check what benefits are waiting for them. In Trader.Online review we noticed it was extremely hard to get any information on features that are available with the real trading account. It was only possible to learn something by registering for the trading account, which is not always the right way to go for the trader.

    Trader.Online Registration

    If you want to open a Trader.Online account, you will first have to click the ‘SignUp’ button positioned in the upper right corner of the website. Then, traders get an online form they need to fill out. It is a basic online form you probably encountered before. Remember to select whether or not you want to receive newsletter and market news.  The minimum deposit is $250, which is the common amount required for trading when opening a new account.

    Trader.Online Demo Account

    Unfortunately, in our Trader.Online review we found no evidence of Trader.Online demo. This is pity, as traders nowadays want to test the platform before making a deposit and starting real trading. Also, most forex broker on the market offer a free demo, so this can be seen as a downside. Still, Trader.Online is a relatively new broker that only appeared on the market recently, so we hope they will add one in the future.

    Trader.Online Bonus

    Traders will also find Trader.Online bonus policy, even though the bonus is not advertised. After careful examination of the document regarding Trader.Online Bonus, we came to conclusion how these are not transparent terms and conditions and how they leave a lot of things open to different interpretations. For example, traders are not informed on the required trading volume, only that the trading volume exists.

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  4. Testimonials FairForexBrokers Your capital is at risk

    Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  5. Trader.Online is using a proprietary web-based software. It is also supported in the mobile browser, so you can trade on multiple devices, no matter where you are. You can trade basically from any device that can be connected to the internet as long as you remember your username and password.  The charts are provided by Trading View, a company specialized in trading charts. However, it is impossible to confirm whether or not the charts display real market data.

    The overall impression of the trading room is confusing, as there are many allegedly useful features added, but they offer no instructions on how to be used or explanations on what they do. So many little boxes and fields can be overwhelming when it comes to mobile trading where the platform has to be cleared out of all unnecessary elements.

    Trader.Online review showed how this broker offers around 200 underlying assets divided in several categories like currencies, indices, stocks, commodities, futures, and favorites which is a customizable category. In the category of currencies, there are also some cryptocurrency pairs present like:

    • LTC/BTC
    • DASH/BTC
    • DASH/USD
    • ETH/BTC
    • ETH/USD
    • ETC/USD
    • GNT/BTC
    • XMR/BTC
    • XRP/BTC
    • XRP/USD
    • BTC/USD
    • LTC/USD

    EUR/USD spread is 0.2 pips. This number is extracted from their trading platform as they offer no asset index with spreads.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. Trader.Online has customer support via live chat, or at least they claim so. However, when we wanted to test it, all agents were offline. This is unusual as we wanted to test it in the middle of the working day, CET. If then there are no agents online, then when can we expect them? There are also an email, an online form and a phone number you can use.

    Trader.Online review has to accentuate the fact how the entire website offers little to no information about the entire trading process. Educational materials are almost no-existent, and we found no FAQ section with most common questions regarding trading. That is something we don’t support as we believe that broker should offer more than just an email you can use to send a complaint. As a relatively new broker, Trader.Online still has some time to improve their portfolio to become more appealing to traders.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. Even though Trader.Online advertises several banking methods, in reality, there are only two basic methods available: bank wire and credit cards. The withdrawal is not well explained on the website, but terms and conditions offer more details.

    The trader has to deliver all documents in advance to make sure there will be no delay in the withdrawal. Also, all trading requirements must be fulfilled. IT may take up to 3 working days for the withdrawal to be processed plus up to additional 7 days for the money to be visible on your bank account, but it may take up to 21 days. Trader.Online charges a tariff of 10% of the withdrawal amount requested if a total margin of greater than 200 is not satisfied.

    There are also several fees that apply.

    • Wire transfer: $50 fee
    • Credit Card: $25 fee
    • Processing fee for credit cards: 10 USD or 5 GBP or 7 EUR

    Minimum withdrawal for bank wire is $500, and for credit cards $100. The minimum withdrawal for e-wallets is $100, but no e-wallet was offered to us for depositing.

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

Copyright © 2012-2022 All Rights Reserved FairForexBrokers.com - US

     Cookie Policy